767 N Sandhill Road, New Home, TX 79383
- Added:
- Jan 26, 2026
- Days on Market:
- 149
- Last Refresh:
- Jun 24 at 2:06 am
Property Features for 767 N Sandhill Road
General Information
- Property type
- Land
- Property subtype
- Other
- Fencing
- Gate, Fenced, Perimeter
- Standard status
- Active
- APN
- 61984
- Size
- 2,400 SF
- Lot size
- 12.51 Acres
Taxes and HOA fees
- Tax Description
- #5B SW/4 107 GTRR
- Tax Annual Amount
- 1640
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Water source
- Private, Well
Listing agent J'Lynn Mounce License #0753907 (806) 239-5767
Listing office Aycock Realty Group, LLC 3911 98th Street, Ste 200, Lubbock, TX (806) 778-5956
Listing date Jan 26, 2026
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Large 40x60 insulated shop with offices, bathroom, and drive‑through access, ready for immediate use.
- 12.5‑acre fully fenced property, ideal for building a custom home.
- High‑capacity 50 GPM permitted water well and professionally installed irrigation system.
- Convenient location near New Home and a short drive to Lubbock.
- Established Afghan pine trees providing wind protection and privacy.
- Includes 220‑volt electrical service, septic system, and steel lean‑to.
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $17.40 |
| − Vacancy | −$3.1k | −$1.31 |
| EGI | $38.6k | $16.10 |
| − OpEx | −$11.6k | −$4.83 |
| NOI | $27.0k | $11.27 |
Alternative Uses
Current Use by Public Records
Map
- City
- New Home
- County
- Lynn
- State
- Texas
- Longitude
- -101.944484
- Latitude
- 33.313263
